McDonald Partners charges fees based on a percentage of assets under management. These fees vary depending on whether the account is fixed income only or equity/balanced. For fixed income accounts, the maximum fee is 1.75% on the first $500,000, decreasing to 0.75% for assets above $2,000,000. For equity/balanced accounts, the maximum fee is 3.00% on the first $500,000, decreasing to 1.50% for assets above $2,000,000. Option trades are $9.00 per trade plus $0.50 per option contract (minimum $3.00). ACCESS accounts have a $9.00 per trade transaction fee + 0.04% ($40 minimum) fee for performance reporting. Financial planning fees are either a flat fee or subscription-based, ranging from $4,000 to $10,000 annually for Foundation, Growth, and Legacy clientships, respectively. Fees are negotiable depending on specific circumstances.
1301 East 9th Street, Suite 3700, Cleveland, OH, 44114
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Learn about disclosures →Brian is the Executive Director of the Joan C Edwards Charitable Foundation and Chairperson of the Board of Trustees for the Cleveland School of Science & Medicine, each taking a few hours per week. He is also the sole member of Heights Audio LLC and Heights BBQ Association LLC, each requiring minimal time.